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New Deal


Announced

Danfoss to acquire BOCK from NORD Holding.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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piston compressors

Machinery: Specialty

industrial machinery

Germany

Majority

Private Equity

Friendly

Acquisition

Single Bidder

Cross Border

Private

Pending

Synopsis

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Danfoss, a provider of HVAC products, agreed to acquire BOCK, a compressor manufacturer, from NORD Holding, a European private equity asset manager. Financial terms were not disclosed. “It has never been more relevant to accelerate the green transition, and efficient compressors running with Low GWP refrigerants are instrumental to achieving that target. By expanding our portfolio with the BOCK range of semi-hermetic compressors we deliver on our promise to help our customers decarbonize. The potential for cutting CO2 emissions is huge!" Jürgen Fischer, Danfoss Climate Solutions President.

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